THELOGICALINDIAN - PRESS RELEASE February 20 2022 The Foundation for Interwallet Operability FIO has appear that arch noncustodial cryptocurrency wallet Bitcoincom has chip the FIO Protocol As of today aloof beneath ten actor Bitcoincom wallet users will now be able to accelerate any blazon of cryptocurrency to simple easytoread crypto handles in a added defended and userfriendly transaction experience
FIO Protocol provides users with a new way to alteration cryptocurrencies. Instead of accepting to use circuitous wallet addresses, users can artlessly annals a FIO Crypto Handle and use clear wallet names, agnate to email addresses, to send, receive, or appeal any blazon of cryptocurrency. In some ways, the simplified area abstraction is agnate to the .eth names offered by Ethereum Name Service, or Unstoppable Domains’ .crypto, .wallet, or .blockchain addresses. However, there is a amount aberration with FIO Protocol in that its arrangement focuses on user aloofness and interoperability amid altered blockchains.
Bitcoin.com integrates the FIO Protocol as it aims to abutment cryptocurrency account and accumulation adoption. Bitcoin.com users will now be able to accelerate any blazon of cryptocurrency to a FIO Crypto Handle via the Bitcoin.com wallet.
Luke Stokes, Managing Director, Foundation for Interwallet Operability: “In aloof over a decade Bitcoin has emerged as one of the best agitative asset classes for retail and institutional investors, and is beheld by abounding including myself as the best anatomy of money anytime created. For bodies to appropriately assurance this arrangement they will charge to accept aplomb in the basement and feel abiding that who they are sending assets to is in actuality the being they anticipate it is, the FIO Protocol enables this to happen.”
Dennis Jarvis, CEO, Bitcoin.com: “Bitcoin.com is committed to accouterment defended and easy-to-use accoutrement for this economic-freedom creating asset class. Unfortunately, cryptocurrency addresses accept continued been a roadblock to boundless adoption. We aboveboard acceptable FIO’s efforts to authorize an open-source agreement for registering human-readable addresses, and we’re appreciative to accommodate the FIO Agreement in our products.”
Bitcoin.com Wallet joins over thirty bristles above wallets, exchanges and crypto acquittal processors that accept chip the FIO Protocol into their products. FIO Protocol’s delegated Proof-of-Stake blockchain is absolute by FIO badge holders, with blockchain fees disconnected amid block producers and the companies that accredit the FIO Protocol in their applications.
For those absorbed in application FIO Protocol in the Bitcoin.com wallet, amuse appointment https://bitcoin.com or analysis out a audience video here.
About FIO
FIO, the Foundation for Interwallet Operability, is a decentralized bunch of blockchain organizations and association associates acknowledging the advancing development, integration, and advance of the FIO Protocol. The agreement is an open-source, decentralized account band band-aid that works beyond all blockchains, and uses human-readable Crypto Handles to alter the complexity, risk, and aggravation that comes with blockchain-based affairs application accessible addresses.
About Bitcoin.com
Bitcoin.com’s mission is to actualize added bread-and-butter abandon in the world. They do this by accouterment the advice and accoutrement bodies charge to buy, sell, trade, invest, and use crypto assets. The Bitcoin.com area appearance attainable educational abstracts to get you up to speed, while Bitcoin.com Account provides appropriate advantage of the industry account that matters. The absolutely non-custodial Bitcoin.com Wallet is an easy-to-use but able app, accessible beyond adaptable and web. It enables anyone in the apple to access and administer their Bitcoin, Bitcoin Cash, Ethereum, and ERC-20 tokens.
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This is a columnist release. Readers should do their own due activity afore demography any accomplishments accompanying to the answer aggregation or any of its affiliates or services. Bitcoin.com is not responsible, anon or indirectly, for any accident or accident acquired or declared to be acquired by or in affiliation with the use of or assurance on any content, appurtenances or casework mentioned in the columnist release.
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